The Knicks' busy offseason continued on Wednesday as the team announced another transaction: President Phil Jackson traded forward Jeremy Tyler and recently-acquired guard Wayne Ellington to the Sacramento Kings for forwards Quincy Acy and Travis Outlaw. The Knicks also said they "have reduced the protection on the 2016 second-round draft selection acquired by Sacramento, via Portland."

Outlaw (a career 33.7 percent shooter from beyond the arc and a former member of the Nets) gives the Knicks a backup for Carmelo Anthony. Though 2014 second-rounder Cleanthony Early could see minutes while the star forward is on the bench, New York probably wants to help the rookie slowly develop.

"We really like Cleanthony, obviously, but he is a rookie and we wanted to make sure that we had some veteran help at that position as well," Knicks general manager Steve Mills said, via ESPNNewYork's Ian Begley.

Mills also mentioned Acy's "level of energy" he'll bring as backup forward -- in his two NBA seasons, he's been known for defense and hard work.